Question: 750 Inacio Corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent month are

750 Inacio Corporation uses the weighted average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Unito in beginning work in proceso inventory 1.400 Materials costs $ 13,500 Conversion costs $ 5,600 Percent complete with respect to materials Percent complete with respect to conversion 200 Units started into production during the month 10,100 Units transferred to the next department during the month 9,000 Materials costs added during the month $ 172,600 Conversion costs added during the month $ 242,600 Ending work in procesa inventory: Units in ending work in process inventory 2,500 900 Percent complete with respect to materials Percent complete with respect to conversion 301 The cost per equivalent unit for materials for the month in the first processing department is closest to: Multiple Choice The cost per equivalent unit for materials for the month in the first processing department is closest to: Multiple Choice $15.09 $16.03 $14.78 $16.54
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